You should consider shares of Radius Health Inc. (NASDAQ:RDUS) and Advance Auto Parts Inc. (NYSE:AAP) if you are looking for a great stocks to invest in. Starting with the RDUS shares, which traded at $21.86 at the close of the recent session, gaining 0.46%. On Tuesday, the company’s shares shed $0.1 from its value which represented in intraday trading. The stock is now 31.13% higher in year-to-date (YTD) trading. RDUS’s intraday high was $22.03 while its lowest price touched $21.285. The stock’s 52-week high price is $29.97, which means the current price is at -27.06%. In terms of trading activity, the daily trading volume rose to 1056724 against 200-day average trading volume of 553,401 shares.
What are analyst forecasts for Radius Health Inc. (NASDAQ:RDUS)?
At a consensus rating of 4.00, RDUS is trending as a streaking Moderate Buy, as it has been the case a month ago when 7 analysts called it a Moderate Buy. Two months ago, 7 analysts recommended, on average, that RDUS stock is a Moderate Buy. The Healthcare company’s shares’ overall bullish trend saw it close higher on Tuesday compared to its opening price of $21.48 on the day.
Forecasts for Radius Health Inc. (NASDAQ:RDUS) give the stock a fair value for the growth of 37.54% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $35.00, which means the price per share could rise by nearly $13.14. The price range target is between a low of $23.00 and a high of $39.00. The stock would need to gain by about $43.95 to hit the estimated high or 0.59% from its 12-month low.
The consensus among 8 analysts is that it is a good time for one to Overweight in the Radius Health Inc. 5 analysts rate RDUS as a Buy, with 0 of 8 analysts rate it as a Sell. 0 have valued the stock as Overweight and 3 have recommended that investors Hold.
Radius Health Inc. (NASDAQ:RDUS) Upgrades and Downgrades
In terms of rating changes, Citigroup on August 29, 2019, Upgrade Radius Health Inc. (RDUS) at Buy. They believe the stock could reach $40 in the near term. Analysts at Citigroup have assigned a Neutral rating for the stock in their research note on May 30, 2019. Moreover, Goldman analysts issued a rating of Buy for the stock on May 29, 2019. On February 14, 2019, the stock earned a Neutral rating due to an analyst call from H.C. Wainwright, while analysts from Leerink Partners on March 29, 2018 suggested that the stock is Outperform.
Advance Auto Parts Inc. (NYSE:AAP) adds -$3.94 on Tuesday
The AAP stock has tanked -3.08% year-to-date and is currently trading at $152.61, which is -16.41% below its 52-week high. The company shares lost -2.52% on the day and have risen nearly 17.31% off a low hit. At current levels, Advance Auto Parts Inc. has a valuation of about $9.70B. As of 12/03/19, this stock has fallen -4.11% during the week and closed at $156.55 in the previous session. However, recent Advance Auto Parts Inc. stock performance shows that AAP shares are -7.41% down over the last month, and 7.56% up for the last three months.
Earnings per share (EPS) estimates for the current quarter are $1.13, with the trailing 12-month share earnings at $7.04. The ratio is expected to be up by 11.40% for the current year 2019 and 13.40% for next year. Over the next 5-year period, earnings per share will be 15.30%. But will the AAP stock surprise in the current quarter results, where the $2.1 actual EPS reported on 9/29/2019 surprised by 2.40% or was higher by $0.05 from the estimated $2.05.
Sales Growth to climb 2.30% for the year
How well will Advance Auto Parts Inc. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $2.11B and $2.15B in current quarter sales. The consensus estimated for the current quarter is $2.13B from sales. Forecasts for this fiscal year are between $9.7B and $9.75B and the consensus estimate for sales is at $9.72B. AAP has its next quarter sales estimates at between $2.92B and $3.01B, with the quarter-over-quarter growth estimates at 1.30% and the annual growth forecast for the year at 2.30%.
Who owns shares in Advance Auto Parts Inc. (AAP)?
Let’s briefly focus on the share ownership of the Advance Auto Parts Inc. (NYSE:AAP) stock, where we find that 101.53% of shares are held by institutions. Vanguard Group, Inc. (The) tops the list of institutional owners as it is holding 7.57 million shares or 10.94% of shares outstanding. Barrow, Hanley Mewhinney & Strauss, LLC and Blackrock Inc. held 6.87 million and 4.9 million representing 9.91% and 7.08% respectively at the close of the last trading session. As of Sep 29, 2019, ClearBridge Investments, LLC accounted for 4.22 million shares at over 698.61 million. This represented 6.10% of shares outstanding. State Street Corporation held 3.33 million shares at over 550.37 million representing 4.80% of shares outstanding.
AAP Insider Activity
On 4/12/2019, President & Chief Executive Officer by the name Greco Thomas sold 11759.0 shares worth $2.1 million at the price of $180.11 per share. Filings also show that Greco Thomas sold a total of 3327.0 shares on 3/04/2019 valued at $534400.0. Since the last insider activity, the company’s share price has dropped -1.17%.